Today, there is broad recognition that access to capital is only one of the inputs required for economic development and poverty alleviation. Furthermore, the marginalised — like anyone — require and use a variety of financial services for a variety of purposes. And some of these services work better than others, for reasons we are…

Financial inclusion poses policy challenges on a scale and with an urgency that is unique for developing countries, which house nearly 90% of the world’s unbanked population. Developing country policymakers have recognised that complex and multi-dimensional factors contribute to financial exclusion and therefore require a comprehensive variety of providers, products and technologies that work within…